A fair division of labour

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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

Recommended

Rhodes bows out at Dibbs

PAUL Rhodes, managing partner of Dibb Lupton Broomhead and one of the profession’s most talked-about lawyers, surprised partners last week by deciding to step down on 31 December. He is due to retire from the firm in 16 months. Often caricatured in the press as the pugilistic handler of a pack of rottweilers, the Cambridge-educated […]

Watch out for non-original documents.

Both the banking community and sellers in international trade transactions will be concerned at the impact of the Court of Appeal decision given on 8 November 1995 in Glencore International AG and Bayerische Vereinsbank AG v Bank of China. Glencore, as sellers of two batches of aluminium ingots, presented documents under two letters of credit […]

Seeing off the competition

The race is well and truly on for the legal services work of the metropolitan and London borough councils which have to subject a proportion of such work to tender under the CCT regime. By law, these contracts have to commence on 1 April 1996. So what is the current state of play in the […]

Top US firms show good results

THE Top 100 US law firms have shown an across the board upturn of nearly five per cent, following a three-year period of slow growth. But the positive numbers conceal extremes within the US legal market, according to American Lawyer magazine. For those firms which reported positive results in 1994 it was a good year. […]

Property

Gouldens advised Artesian Estates on the acquisition of ground rent companies owned by, among others, John Ritblat, MD of the British Land Company. The ground rent companies own over 23,000 residential properties. The initial consideration of £2,061,000 was satisfied by the issue of 2,397,000 new ordinary shares.

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